Collision Repair Auto
New
For Sale
$6,447,610
12236 W State Hwy 29, Liberty Hill, TX 78642
A 15-year absolute NNN lease supports ownership with minimal ongoing landlord obligations.
Property Size16,525 SF
Price / SF$390.17
Days on Market4
Property Features for 12236 W State Hwy 29
General Information
Standard status
Active
Size
16,525 SF
Property subtype
Auto Parts
Lease Type
Absolute Net
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
5.65%
Amenities
BRAND NEW 2026 CONSTRUCTION WITH 15-YEAR ABSOLUTE NNN LEASE: Long-term absolute net lease providing passive ownership with zero landlord responsibilities
CORPORATE-BACKED TENANCY: BOYD GROUP (NYSE:BGSI | TSX:BYD): Publicly traded parent company operating over 1,140 locations across North America with a proven national platform
RECESSION-RESISTANT INDUSTRY: Collision repair is non-discretionary and supported by direct insurance relationships creating consistent demand in all economic cycles
LIBERTY HILL, TX: HIGH-GROWTH NORTH AUSTIN SUBMARKET: One of the fastest-growing communities in Texas, population expected to increase by more than 20% over the next five years
AUSTIN MSA: LONG-TERM UPSIDE IN EARLY-STAGE GROWTH MARKET: Surrounded by significant residential development and retail expansion as Austin continues to grow northward
STRATEGIC SH 29 CORRIDOR LOCATION: High-visibility site along rapidly expanding, primary east-west thoroughfare with direct connectivity to I-35, surrounded by national retailers
IMMEDIATE PROXIMITY TO STONEWALL RANCH: Positioned near a major master-planned community delivering new rooftops and fueling local population growth
Building Details
Building Size
16,525 SF
Year Built
2026
Abandoned
No
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Lior Regenstreif · License #License(s): CA: 01267761
(818) 212-2730
Source:
Marcusmillichap
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed as new construction in 2026, this auto shop is occupied by a subsidiary of Boyd Group, a collision repair operator. The property is subject to a 15-year absolute NNN lease.
The site is at 12236 W State Hwy 29 in Liberty Hill, with connectivity to I-35. Residential development, retail expansion, and Stonewall Ranch are identified in the surrounding area.
The site is at 12236 W State Hwy 29 in Liberty Hill, with connectivity to I-35. Residential development, retail expansion, and Stonewall Ranch are identified in the surrounding area.
Key Highlights
- New construction completed in 2026
- 15‑year absolute NNN lease
- Occupied by a subsidiary of Boyd Group
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$290,976
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,819,520
$5.8M
Cap Rate 7%
$4,156,800
$4.2M
Cap Rate 9%
$3,233,067
$3.2M
Market Conditions
NOI Build-Up for 16,525 SF
Gross rent
$430.3K $26.04/SF
− Vacancy
−$14.6K −$0.89/SF
EGI
$415.7K $25.15/SF
− OpEx
−$124.7K −$7.55/SF
NOI
$291.0K $17.61/SF
Area
Williamson County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,819,520
Cap Rate 7%
$4,156,800
Cap Rate 9%
$3,233,067
Alternative Uses
Best Use
Retail
$4.16M
$3.64M – $4.85M
NOI $290,976 @ 7.0% cap · market cap 4.51%
Second Best
Industrial
$2.11M
$1.85M – $2.46M
NOI $147,855 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$6.91M
$6.04M – $8.06M
NOI $483,551 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78642, TX
20,385
Population
8,399
Households
2.4
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
111.1 sq mi
ZIP Area
183
Density / Sq Mi
$128,086
Median Household Income
$58,118
Median Earnings
$1,475
Median Rent
$486,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Velocity Tire — 12404 W State Hwy 29, Liberty Hill, TX 78642
- Brakes Plus — 12336 W State Hwy 29, Liberty Hill, TX 78642
- Caliber Collision — 12372 W State Hwy 29, Liberty Hill, TX 78642
- Arthur Automotive and Classics — 13000 W State Hwy 29, Liberty Hill, TX 78642
- SAS Towing and Recovery Inc — 12830 W State Hwy 29, Liberty Hill, TX 78642
Frequently Asked Questions
What type of property is this?
Auto shop - A 15-year absolute NNN lease supports ownership with minimal ongoing landlord obligations.
Where is this auto shop located?
The property is located at 12236 W State Hwy 29 Liberty Hill, TX.
What is the asking price?
The asking price for this property is $6,447,610.
What are key features of this property?
This property features: New construction completed in 2026; 15‑year absolute NNN lease; Occupied by a subsidiary of Boyd Group
